Chambal Fertilizers & Chemicals Limited — New Orders, 22-01-2025: Awarding of order(s)/contract(s)

Chambal Fertilisers and Chemicals Limited has entered into an amendment with Larsen & Toubro Limited for the Technical Ammonium Nitrate (TAN) manufacturing project at its Gadepan facility. The amendment includes enhancements to the plant's configuration for increased warm ammonia feed and provisions for future Low Density Ammonium Nitrate (LDAN) production. The contract price has been revised from ₹960.71 Cr to ₹992.71 Cr, while the overall project cost remains at ₹1645 Cr. The timeline for project completion has been extended to January 19, 2026. This strategic move may enhance the company’s product offerings and operational efficiency. Investors should watch closely for potential growth opportunities arising from these developments.